Raw gold bullion

Ended Awarded

Contract number
2031JG22F51491
Awardee
Awarding agency
Obligated
$2,928,730

Award facts

Contract value 100% obligated
$2,928,729.77 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
331410 Nonferrous Metal (except Aluminum) Smelting and Refining
PSC
9660 Precious Metals Primary Forms
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This federal contract award was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $2,928,729.77 firm fixed price delivery order contract is for the provision of raw gold bullion. The contract is not designated as a set-aside.

Stonex Financial LTD appears to be a key supplier of precious metals such as gold, silver, and palladium to the United States Mint. The company has been awarded numerous delivery order contracts, as well as two significant indefinite delivery vehicle (IDV) contracts, to provide raw materials in support of the Mint's coin and medal production operations. The IDVs, one for silver raw materials with a $10 billion ceiling and another for raw gold bullion, allow the Mint to consistently source critical precious metals from this proven international supplier.

Quick answers

Who was awarded contract 2031JG22F51491?

2031JG22F51491 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 19, 2022.

How much is contract 2031JG22F51491 worth?

The government has obligated $2,928,730 on 2031JG22F51491.

Is contract 2031JG22F51491 an order under another contract?

Yes. 2031JG22F51491 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG22F51491 competed?

The extent of competition for 2031JG22F51491 was full and open competition.

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